12 Mar 2015 Posted in News Release By Press Office
In 2014 the growth for the full year was 5.2% - less than the quarter three growth of 5.93%. While this represents growth above the original joint forecast of 3.87%, when compared to the same quarter in 2013 it indicates growth is 3.2%. Increased use of branded medicines is encouraging but industry would still like to see equal access for patients to all medicines across care sectors.
Alison Clough, ABPI’s Executive Director Commercial, said:
“The PPRS provides Government and the NHS with a unique opportunity to offer patients access to newer, more innovative medicines at minimal additional cost and today’s announcement demonstrates industry’s commitment to supporting the NHS in a time of austerity. However there is significant disparity of growth across the primary and secondary care settings as well as between different therapy areas. We are committed to working with all parties to ensure that the barriers to the use of new medicines in all care settings are removed and that NICE appropriately assesses medicines so that ring-fenced funds for selected therapy areas are not needed.
“Industry agreed to the PPRS in order to improve the use of innovative medicines in the UK. We are working with the Department of Health, NHS England and government to ensure action in key areas such as changes to NICE’s decision making framework and medicines optimisation to maximise the benefits of the PPRS so that patients can get the right medicine at the right time.”
Industry will underwrite any further expenditure by the NHS subject to specific exceptions set out in chapter 6 of the PPRS. The pharmaceutical industry has agreed to keep NHS expenditure on branded medicines flat for two years and under 2% growth for the following three year. Companies will make percentage payments based on any difference between allowed growth and actual growth in NHS expenditure on branded medicines, subject to the agreed exclusions.
134 companies, representing 93% of the UK, branded industry joined the voluntary PPRS, which was agreed in November 2013 following the most complex pricing negotiations ever experienced.
The ABPI represents innovative research-based biopharmaceutical companies, large, medium and small, leading an exciting new era of biosciences in the UK.
Our industry, a major contributor to the economy of the UK, brings life-saving and life-enhancing medicines to patients. Our members supply 90 per cent of all medicines used by the NHS, and are researching and developing over two-thirds of the current medicines pipeline, ensuring that the UK remains at the forefront of helping patients prevent and overcome diseases.
The ABPI is recognised by government as the industry body negotiating on behalf of the branded pharmaceutical industry, for statutory consultation requirements including the pricing scheme for medicines in the UK.
ABPI Press Office
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